Burden of GST hike falls on the better-off, will not change effective GST rate at the bottom: Lawrence Wong

In his round-up speech, Wong said lower-income households currently pay a "much lower" effective GST rate than higher-income households.

For the second lowest decile of households, the effective rate is also very low, said Wong, while the effective GST rate for middle income households is "well below" the headline 7 per cent after offsets.

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